Despite the strongest 2 day rally in a long time (which was to be expected since ridgebackboo sold out).... it's
Day EIGHT... check!
Day SEVEN... check!
Some of our foolish friends, good old "your vs you're" expert Ken Davis and the worst analyst on the planet, Marty, put up a post last year boasting about how their call was right and that NTRA was a bad investment, unlike SQNM.
Well surely it is best to give the new company a year and then compare, so lets do that now that we are just over a year since the IPO!
NTRA IPOed at $18/sh in early July and is now at around $12, meaning about a 33% decline, but before you judge, let's look at SQNM, which they said was the one to own. SQNM has fallen from about $3 a share then, to under $1 now, for more that a 70% decline in that same time period!
Ken Davis and Marty, can you imagine if you were smart enough to switch into NTRA and sell your SQNM at the very time you were beating your chests about how good SQNM was?
Well done boys! You got what you deserved here now!
benjiro, Do you remember the posts from losing holding longs attacking you when you sold? How good does it feel to have your losses, although I do see is was out of need that you sold, not intelligence! lol
Since then, shorts have gained 75% while fools with "patience" who "backed up the truck, at $3.69 are down 75%.
Justice is that you will be have to delay your retirement as you sweat pouring your concrete for many more years, due to your foolish investing! You didn't have a chance in investing, with your poor education. Stick to pouring concrete, that's about your level of intelligence.
I was wondering when we would hear from the king of fools! As low as my opinion is of you losing investors, I thought that even you had a capacity to realize that "patience" (which in your case is really stubbornness and ignorance), is not a substitution for intelligence, and that losing close to 80% of your originally investment here was enough to teach you. But leave it to a non college educated concrete worker, to not even be able to learn from this over half decade disaster!
Glad you're still here King of Fools, and I'll still be here to watch as you get punished even more for your foolish idea of what investing is!
You were told a long time ago that you had no idea how to invest, and you lashed out at anyone who dares said this is a poor investment, and now this is the result, karma!
Blame the management and your losses disappear!
This decline is merely due to the Brexit effect, just see Mastino for details. You better not ask too many questions though, or he'll ban you! lol
Market has recovered about 90% of the Brexit decline already, just like SQNM! lol
Thanks for playing. It only took two days! He just did it (talked about being happy at the of hitting $1)!
Keep in mind, he has been long from $75 to under $1. Ridge is "special"